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FCA and PRA consult on FSCS costs

The Financial Conduct Authority and Prudential Regulation Authority have launched a consultation on the management expenses levy limit for the Financial Services Compensation Scheme (FSCS).


Complex claims push up FSCS budget by 5%

The Financial Services Compensation Scheme has increased its running costs budget forecast for 2022/23 to £95.5m.


Clients urged to claim against their SIPP adviser

The Financial Services Compensation Scheme has told clients of failed SIPP provider Forthplus Pensions to bring claims against their financial advisers.


FSCS declares SIPP-linked firm in default as claims mount

The Financial Services Compensation Scheme has declared a Nottingham-based wealth manager in default amid a flood of claims, many relating to SIPPs transfers.

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